Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+9.11%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.46%
steady accumulation
Rally response
-1.33%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPLGSPDR Portfolio S&P 500 E | $77M | 5.5% | — | 2.5 yr |
| VEAVanguard FTSE Developed | $55M | 3.9% | — | 2.5 yr |
| ACIOAptus Collared Income Op | $50M | 3.6% | — | 2.3 yr |
| AAPLApple Inc. | $38M | 2.7% | +14.7% | 2.5 yr |
| NVDANVIDIA Corporation | $33M | 2.4% | +60.9% | 2.5 yr |
| DRSKAptus Defined Risk ETF | $29M | 2.1% | — | 2.3 yr |
| MSFTMicrosoft Corporation | $26M | 1.9% | -0.6% | 2.5 yr |
| SPYState Street SPDR S&P 50 | $24M | 1.7% | +17.6% | 2.5 yr |
| VWOVanguard FTSE Emerging M | $19M | 1.3% | — | 2.3 yr |
| PSFFPacer Swan SOS Fund of F | $18M | 1.3% | — | 2.5 yr |
| AMZNAmazon.com, Inc. | $18M | 1.3% | +9.5% | 2.5 yr |
| RSPInvesco S&P 500 Equal We | $17M | 1.2% | — | 2.5 yr |
| VBVanguard Small-Cap ETF | $17M | 1.2% | — | 2.3 yr |
| JUCYAptus Enhanced Yield ETF | $17M | 1.2% | — | 2.5 yr |
| GOOGLAlphabet Inc. | $16M | 1.2% | — | 2.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management54.4%-9.8pp$762M
Asset Management - Income4.7%-0.2pp$66M
Semiconductors4.0%+2.8pp$56M
Asset Management - Bonds3.8%-2.2pp$53M
Consumer Electronics2.7%+1.8pp$38M
Software - Infrastructure2.4%+0.9pp$34M
Internet Content & Information1.9%+1.2pp$26M
Specialty Retail1.5%+0.1pp$21M
Banks - Diversified1.4%+0.5pp$20M
Software - Application1.4%+0.1pp$19M
Country
US97.6%-1.1pp
Unknown1.4%+0.9pp
IE0.4%+0.2pp
GB0.4%+0.2pp
CA0.1%-0.0pp
CH0.1%
BM0.0%
TW0.0%
Top 5: 18.1% · Top 10: 26.5% · Top 25: 41.7%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$8M |
| AAPL Apple Inc. | +$7M |
| NVDA NVIDIA Corporation | +$7M |
| AMD Advanced Micro Devices, Inc. | +$4M |
| APH Amphenol Corporation | +$3M |
| NOW ServiceNow, Inc. | +$3M |
| AVGO Broadcom Inc. | +$3M |
| SCHW The Charles Schwab Corporationnew | +$3M |
| AMZN Amazon.com, Inc. | +$2M |
| META Meta Platforms, Inc. | +$2M |
Top sells this quarter · 15
| LOW Lowe's Companies, Inc. | −$4M |
| DVN Devon Energy Corporation | −$3M |
| SHW The Sherwin-Williams Company | −$2M |
| FANG Diamondback Energy, Inc. | −$9M |
| WMT Walmart Inc. | −$2M |
| SPY State Street SPDR S&P 500 ETF | −$1M |
| PWR Quanta Services, Inc. | −$11M |
| MPLX MPLX Lp | −$1M |
| CPRT Copart, Inc. | −$1M |
| LIN Linde plc | −$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.40B | 563 | +11.33% | +17.59% | -6.26% | +0.24B |
| 2025-12-31 | $1.21B | 496 | +12.91% | +17.72% | -4.81% | +0.15B |
| 2025-09-30 | $1.06B | 450 | +15.36% | +17.52% | -2.16% | -0.27B |
| 2025-06-30 | $1.24B | 459 | +18.58% | +14.94% | +3.64% | +0.17B |
| 2025-03-31 | $994M | 425 | +11.65% | +8.30% | +3.35% | +0.15B |
| 2024-12-31 | $868M | 419 | +22.01% | +24.89% | -2.87% | +0.16B |
| 2024-09-30 | $690M | 411 | +9.96% | +5.75% | +4.21% | +0.64B |
| 2024-06-30 | $46M | 75 | +1.98% | +4.38% | -2.40% | -0.36B |
| 2024-03-31 | $399M | 290 | +6.31% | +10.39% | -4.09% | +0.10B |
| 2023-12-31 | $285M | 222 | — | — | — | — |